Transparency is an essential pre-requirement for a functioning internal energy market and underpins the development of effective and efficient market functioning. The 3rd Package brought several new transparency requirements for natural gas. Furthermore, the Gas Comitology Committee agreed on a revision of Chapter 3 of Annex 1 of Regulation (EC) 715/2009 which is currently being commented by the European Parliament.
At the current stage legally binding transparency requirements are most detailed for transmission systems. Some basic transparency requirements for LNG and storage facilities are currently covered by the 3rd Package and in ERGEG Guidelines for Good Practice (GGP). Additionally the 3rd Package offers the possibility to develop comitology guidelines for storage and LNG transparency as well.
To evaluate the market need for further transparency requirements – exceeding the legally binding transparency requirements in Regulation (EC) 715/2009 and Directive 2009/73/EC – European Energy Regulators compiled a list of all existing transparency requirements and invites all interested parties to provide comments to the consultation paper - and in particular the questions.
Any comments should be received by 26 November 2010 and should be sent by email to firstname.lastname@example.org
Following the public consultation period, ERGEG will publish all comments received from stakeholders. If a respondent would like ERGEG to treat their contribution with confidentiality then this must be explicitly mentioned in their submission.
Any questions on these documents should in the first instance be directed to:
Mrs. Fay Geitona
CEER Secretary General
Tel. +32 2 788 73 30
Fax +32 2 788 73 50